Jelly Candies (Gummies) Market - Trends Forecast Till 2028

Market Portfolio

The global Jelly candies (Gummies) Market size is projected to reach a CAGR of 6.5% from 2021-2028.

Gummies, gummi candies, gummy candies, or jelly sweets are a broad category of gelatine-based chewable sweets. Gummi bears and Jelly Babies are widely popular and are a well-known part of the sweets industry. Gummies are available in a wide variety of shapes, most commonly colourful depictions of living things such as bears, babies, or worms. Various brands such as Bassett's, Haribo, Betty Crocker, Disney and Kellogg's manufacture various forms of Gummi snacks, often targeted at young children.

Growing vegan population, booming candy industry, rising awareness regarding the side effects of chocolate consumption, and increasing consumer spending are some of the factors that have supported long-term expansion for Jelly Candies (Gummies) Market.

Regional Analysis

North America emerged as the largest market. The scenario is attributed to growing demand for jellies and gummies and increasing shelf space in stores as compared to other confectioneries.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Arcor Group
• AUGUST STORCK KG
• Cloetta AB
• Ferrero International SA
• Grupo Bimbo SAB de CV
• HARIBO GmbH & Co. KG
• Mars Inc.
• Mondelez International Inc.
• Nestle SA
• The Hershey Co.

Recent Developments

• April 13, 2021, SNICKERS has announced the brand's newest product innovation – SNICKERS Almond Brownie. The newest addition to the SNICKERS brownie portfolio will launch in August 2021 and will feature the brand's newest flavour obsession: a chewy brownie filling, mixed with chopped almonds and topped with a layer of luscious caramel, all coated in dark chocolate.
• February 21, 2021- Mars Inc., one of the world’s largest confectionery, chocolate and pet food makers, is developing more local products for the Indian market, a top executive at the maker of M&M’s and Snickers said.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Jelly Candies (Gummies) Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope